Nuveen Equity Market Neutral Fund Class A

Frequently Asked Questions About NMAEX

What does NMAEX invest in?

This fund aims to achieve substantial capital growth over the long term, striving for results that are insulated from the overall performance of the U.S. equity market. It accomplishes this through a market-neutral approach, which is designed to yield consistent positive returns predominantly from individual stock picks, rather than depending on the broader market's upward or downward movements. To execute this strategy, the fund takes both long and short positions across a diverse selection of company shares. Notably, the vast majority of these equity holdings, whether bought or sold short, are constituents of the Russell 1000 Index at the point of acquisition.

What is the expense ratio of NMAEX?

An expense ratio for Nuveen Equity Market Neutral Fund Class A (NMAEX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is NMAEX?

Nuveen Equity Market Neutral Fund Class A (NMAEX) manages $71.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is NMAEX actively managed or an index fund?

NMAEX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios because there's no security selection cost.

When was NMAEX launched?

Nuveen Equity Market Neutral Fund Class A (NMAEX) launched in June 2013 and is managed by Nuveen.

How has NMAEX performed?

NMAEX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.